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Debate House Prices


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Well done you New Labour, you ruined the homeownership dream for so many

The_Fox_3
The_Fox_3 Posts: 299 Forumite
edited 28 February 2011 at 11:46AM in Debate House Prices & the Economy
It looks like data this week is going to show lending at record lows again, along with sky high house prices(and they are high) and along with the huge deposits that FTB's now need, all i have to say to the now kicked out Labour Government

Those poncing of welfare(and i don't mean all), and those in the top 5% income bracket are doing just fine, But for the rest of us there is not much too aspire too.

And before the Bull trolls(bears in sheep's clothing) start their feeble attempts to rub the nose of those priced out in the smelly stuff, i would like to point out, or even remind there is a list of people who bought into the property market since 2005 who are having a nasty time, some in a living hell. So as much as i admit times are not brilliant for me and many others at this time, at least i am debt free, sleep soundly EVERY NIGHT, and have had some kind of a life this weekend, this time it was covent garden hotel and took in a show.

This housing debacle goes much deeper than the medias only reporting of the "poor FTB", it might be tough for them, but they will see their rejection of homeownership as a blessing in 2 years time.
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Comments

  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You, Sibley, Smeagold, Hamish, Geener, Macaque, Brit. I swear that if a psychologist wanted to do a study on a variety of people with various issues this forum would be a perfect place to start.

    Covent Garden? PHRASES IN CAPITALS? Sleeping soundly? What are you talking about? Get a grip of yourself man.
  • Cleaver wrote: »
    You, Sibley, Smeagold, Hamish, Geener, Macaque, Brit. I swear that if a psychologist wanted to do a study on a variety of people with various issues this forum would be a perfect place to start.

    Covent Garden? PHRASES IN CAPITALS? Sleeping soundly? What are you talking about? Get a grip of yourself man.


    I am on your side(partly) you f*****g idiot, even though you are too black and white on the issues most of us are talking about
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The_Fox wrote: »
    I am on your side(partly) you f*****g idiot, even though you are too black and white on the issues most of us are talking about

    What 'side' am I on?
  • Get a grip man life is like a roller coaster sometimes it good sometimes its bad and that applies to all of us no matter our lifestyle or background.

    Some things with the labour government where good some where not so good that applies to whatever party is in downing street so chill out as I'm sure some good times with the condems will come.
  • nelly12
    nelly12 Posts: 208 Forumite
    Part of the Furniture 100 Posts
    The_Fox wrote: »
    It looks like data this week is going to show lending at record lows again, along with sky high house prices(and they are high) and along with the huge deposits that FTB's now need, all i have to say to the now kicked out Labour Government

    WELL DONE YOU T**TS!!!

    Those poncing of welfare(and i don't mean all), and those in the top 5% income bracket are doing just fine, But for the rest of us there is not much too aspire too.

    And before the Bull trolls(bears in sheep's clothing) start their feeble attempts to rub the nose of those priced out in the smelly stuff, i would like to point out, or even remind there is a list of people who bought into the property market since 2005 who are having a nasty time, some in a living hell. So as much as i admit times are not brilliant for me and many others at this time, at least i am debt free, sleep soundly EVERY NIGHT, and have had some kind of a life this weekend, this time it was covent garden hotel and took in a show.

    This housing debacle goes much deeper than the medias only reporting of the "poor FTB", it might be tough for them, but they will see their rejection of homeownership as a blessing in 2 years time.

    Unfortunately what some people forget is what Labour inherited from the previous Thatcherite Conservatives........... Yes Labour made mistakes but a lot of the damage was done in the 80's. People forget.

    The worlds economies run in cycles and there was always gonna be a bust after a boom. People just kept thinking the only way was up. Oh and then it's everyone else's fault when they're in the brown sticky stuff!

    Don't think the current ones are any better than anyone before but we'll see in 10 years time.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think the Tories are already showing they would have done nothing to prevent the house price bubble if they were in power.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Cleaver wrote: »
    Covent Garden? PHRASES IN CAPITALS? Sleeping soundly? What are you talking about? Get a grip of yourself man.

    At some point Cleaver I think we've gone through the looking glass on this board. As I'm not one to implicate the Illuminati, the Rothschilds, bankers, lizards from Middle Earth, baby boomers, BTLers or gold rampers; I'll go with blaming Gaddafi and his psychotropic Nescafe.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • Linton
    Linton Posts: 18,363 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    Houses in owner occupation Q2 1997 - 16.2M
    Houses in owner occupation Q2 2009 - 17.5M

    Source http://www.statistics.gov.uk/cci/nugget.asp?id=1105
  • DervProf
    DervProf Posts: 4,035 Forumite
    May I say that The_Fox talks a lot of sense.

    "there is a list of people who bought into the property market since 2005 who are having a nasty time, some in a living hell".

    Some would deny that statement, I have witnessed this recently, although "living hell" might be taking it a little far, the chap I spoke to wasn't having an easy ride.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
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